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610 E Pine St, Seattle, WA 1617 Boylston Ave, Seattle, WA
Pine & Boylston
Asset ClassMixed Use, Retail, Office
100% Leased Two-Building Multi-Tenant Investment Opportunity
overview of deal

Overview

Pine & Boylston presents two fully leased assets totaling 36,471 SF at E Pine Street and Boylston Avenue — one of the most heavily trafficked areas in Capitol Hill’s Pike/Pine corridor. The portfolio generates $1,224,058 in Year 1 NOI anchored by Henry’s Gymnasium (NNN, Nov 2035) and Enterprise Rent-A-Car, with all tenants carrying contracted rental increases. Located four blocks from the Capitol Hill Link station with direct access to Seattle’s CBD, South Lake Union, and Amazon’s Global HQ, the assets sit within one of Seattle’s most supply-constrained neighborhoods. Offered together or individually on a best-offer basis.

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Investment Highlights

  • 100% Leased | 36,471 SF | Across Two Assets
  • At the Heart of Pike/Pine Corridor: 2.1M Annual Visits Within a 500-Foot Radius (Placer.ai)
  • Walk Score 99 | Transit Score 96: ±4 Blocks to Capitol Hill Link Station
  • 335,000+ Jobs Within 1 Mile: Direct Access to CBD, South Lake Union & Amazon’s Global HQ
  • Long-Term NNN Fitness Anchor: Henry’s Gymnasium | Expires Nov 2035
  • Enterprise Rent-A-Car: National Credit Tenant | Leased Through 2035
  • Foundations — Seattle’s Premier Startup Community: Sole Office Tenant | Recent Expansion
  • All Tenants have Contracted Rental Increases
  • Supply-Constrained Submarket High Barriers to Entry | NC3P-75(M) Zoning
  • Offered as a Portfolio or Individually

Pine & Boylston Portfolio

TERMS OF THE OFFERING
Price
Best Offering
Portfolio Year 1 NOI
$1,224,058
Portfolio WALT
6.52 Years
Building Size
36,471 SF (Across 2 Assets)
Land Size
0.33 AC (Across 2 Parcels)
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Can Be Purchased Together or Separately
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610 E Pine StSeattle, WA 98122

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